Category: Trading

Is Alibaba Stock Still a Good Long-Term Investment?

By AnswerStock•

The e-commerce giant has strong tailwinds propelling it forward…

2019 has been full of ups and downs for the Chinese e-commerce company Alibaba. Investor enthusiasm has tempered recently, largely thanks to trade war concerns and China’s economic slowdown. And as of this publishing, the company’s shares are down 13% year to date. 

But in spite of these short-term headwinds, Alibaba’s fundamentals remain strong going forward. Here’s what’s working for Alibaba…

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Poor Earnings Report Tanks Tesla Stock

By AnswerStock•

The company’s shares are down more than 27% from a year earlier. 

Analysts are struggling to stay bullish when it comes to Tesla. Shares of Tesla fell nearly 15% this week on the heels of a disappointing earnings report and the departure of the company’s chief technology officer. 

This is the biggest loss Tesla has experienced since 2013. Here’s an overview of the earnings report as well as how analysts reacted to the news…

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Robinhood Valuation Soars After Funding

By AnswerStock•

Despite recent scrutiny, Robinhood sees a meaty cash bump.

Robinhood, the free stock trading app, recently received a $7.6 billion valuation after its latest round of funding.

This comes shortly after the company came under scrutiny due to concerns regarding its checking and savings accounts, which it launched last December. These accounts advertised a favorable 3% interest rate, but users became concerned over how these accounts would be insured.

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